“No problem can be solved until it is reduced to some simple form. The changing of a vague difficulty into a specific, concrete form is a very essential element in thinking.” ― J.P. Morgan By David Johnson | @TurnaroundDavid The Accounting Rules That Bankrupt...

“I found Rome a city of bricks and left it a city of marble.” ― Augustus Caesar By David Johnson | @TurnaroundDavid Junk Bond Traders See Black Friday Flop (Bloomberg): Distressed debt professionals assessing the prospects of retailers as the crucial holiday...

“If you do it right 51 percent of the time you will end up a hero.” ― Alfred P. Sloan By David Johnson | @TurnaroundDavid U.S. Shale Firms Turn to Private Equity as Market Funding Tails Off (Reuters): As the outlook for a near-term recovery in oil prices dims,...

“Power over a man’s subsistence is power over his will” ― Alexander Hamilton By David Johnson | @TurnaroundDavid There Is No Gap Déjà Vu (The Robin Report): Retail analyst Robin Lewis argues that apparel retailer Gap is trapped in a no-growth situation as it struggles...